Quick Business Facts
Founded: 1981
Corporate Office: Quiznos Corporate Office
1475 Lawrence Street, Suite 400
Denver, Colorado 80202
Industries: , , , , , , , ,
Resources: » Consumer Information

About Quiznos Sub

Celebrating its 25th anniversary in 2006, Denver-based Quiznos is an international chain designed for today's busy consumers who are looking for a tasty, fresher alternative to traditional fast food restaurants. Using only premium quality real ingredients, Quiznos restaurants offer creative, chef-inspired recipes for sandwiches, soups and salads. With more than 5,000 franchise restaurants, Quiznos is one of the fastest-growing quick service restaurant chains.

In June 2006, Nation's Restaurant News ranked Quiznos in its Top 100 Restaurant Chains as the #1 restaurant chain in growth in number of units – five years in a row. Entrepreneur magazine in January 2006 ranked Quiznos in its annual Top Franchise 500 as the #2 Best Overall Franchise, and QSR magazine ranked the chain in its Top 50 Chains in August 2005 as #3 by growth in systemwide sales.

Company History

The first Quiznos Sub restaurant opened at 13th and Grant in Denver's Capitol Hill neighborhood in 1981. In 1987, after overhearing a comment by a customer, Rick Schaden opened the first franchise in Boulder, Colorado. In 1991, Schaden and his father purchased the entire franchise operation.

In December 2001, Quiznos, which at the time was a lightly-traded public company 60%-owned by the Schadens, went private, at a $8-per-share price considered low by several of its shareholders. The disgruntled shareholders sued; their suits were settled in September 2004, with Quiznos paying them another $7.35 per share after fees.

In 2003, Quiznos began to expand in earnest in Canada, where it had established a small foothold a couple of years earlier. Quiznos has very aggressively pursued potential franchisees in Canada, and some cities (such as London, Ontario and Windsor, Ontario) have gained up to 10 franchises within a very short time.

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This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document.

Quiznos Sub »

Quiznos Sub is a fast-food sandwich franchise that specializes in toasted submarine sandwiches.


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